HomeContributorsTechnical AnalysisForex Technical Analysis: EUR/USD, USD/JPY, GBP/USD

Forex Technical Analysis: EUR/USD, USD/JPY, GBP/USD


EUR/USD

Current level – 10867

The overall outlook remains bearish below 1.0900, for a slide towards 1.0770 area. Crucial on the upside is 1.0950.

Profit-taking affects gold curbing silver and platinum

Resistance Support
intraday intraweek intraday intraweek
1.0950 1.1020 1.0870 1.0780
1.1020 1.1150 1.0780 1.0676

USD/JPY

Current level – 114.18

Although there is still a risk of a downswing towards 113.50, the overall outlook is positive, for a rise towards 115.60 area.

Resistance Support
intraday intraweek intraday intraweek
114.30 113.50 113.00 109.40
115.60 115.60 112.35 108.12

GBP/USD

Current level – 1.2937

The intraday outlook is neutral as the consolidation pattern is capped at 1.3000 sentiment area. Initial intraday support is projected at 1.2900, followed by 1.2830.

Resistance Support
intraday intraweek intraday intraweek
1.3000 1.3120 1.2900 1.2610
1.3000 1.3500 1.2830 1.2510

DeltaStock Inc.
DeltaStock Inc.http://www.deltastock.com/
These analyses are for information purposes only. They DO NOT post a BUY or SELL recommendation for any of the financial instruments herein analyzed. The information is obtained from generally accessible data sources. The forecasts made are based on technical analysis. However, Delta Stock’s Analyst Dept. also takes into consideration a number of fundamental and macroeconomic factors, which we believe impact the price moves of the observed instruments. Delta Stock Inc. assumes no responsibility for errors, inaccuracies or omissions in these materials, nor shall it be liable for damages arising out of any person's reliance upon the information on this page. Delta Stock Inc. shall not be liable for any special, indirect, incidental, or consequential damages, including without limitation, losses or unrealized gains that may result. Any information is subject to change without notice.

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